Massachusetts Stockbroker Barred from Securities Industry

As one of its disciplinary actions in April 2010, the Financial Industry Regulatory Authority (FINRA) barred Marblehead, Massachusetts stockbroker Ryan Matthew Nestor from working for any FINRA-member brokerage firm in any capacity. Nestor consented to FINRA's findings that Nestor took $760,000 from elderly customers by forging the customer's or trustee's signatures on wire transfer forms.